Crypto Trader Makes $6.7 Million In 3 Hours With Ethereum Token, Here’s How
Summary
A crypto trader made over $6 million in profit within three hours by front-running the launch of the Satoshi VM (SAVM) token on the Ethereum blockchain. The trader paid a bribe fee to prioritize their transaction, acquiring SAVM tokens for approximately $700,000, which later surged in value. The SAVM token launch was hyped by influencers, leading to rapid price increases and a market cap exceeding $150 million. However, the price has since retraced to $11.6, with a market cap of $120 million.
